In the nearly two-and-a-half years since its launch, the Value in Healthcare project has: documented the experience of leading value-based innovators; developed a comprehensive framework describing the necessary components of a value-based health system; launched local initiatives in value-based transformation at regional health systems in the metropolitan area of Atlanta, Georgia, in the US, and in Ontario, Canada; and explored models for the development of key enablers of value-based healthcare – in particular, health informatics. These initiatives have been described in detail in two previous reports: “Value in Healthcare: Laying the Foundation for Health System Transformation” and “Value in Healthcare: Mobilizing Cooperation for Health System Transformation”. In this, our third and final report, we focus on three initiatives for accelerating the value-based transformation of global health systems.
- A “user’s guide” to health system transformation, based on our review of leading transformation efforts around the world and our experience in launching the Atlanta and Ontario initiatives.
- A “roadmap” for global health-informatics standardization, which sets out a comprehensive agenda for accelerating the development of global health-informatics standards, including a proposed “digital health bill of rights” that puts patient empowerment at the centre of informatics standardization efforts.
- A new public-private coalition for value in healthcare, known as the Global Coalition for Value in Healthcare and initially hosted by the World Economic Forum, which will serve as a global platform to share learnings, develop effective best practices, and guide the development of value-based health systems worldwide.
The value-based transformation of health systems is a critical imperative both for addressing patient needs and for ensuring the long-term sustainability of the global healthcare industry. The Value in Healthcare project has moved the ball forward and the members of the Executive Board are committed to sustaining that progress through the Global Coalition for Value in Healthcare.